Wal-Mart Still Evaluating Russian Entry Options
May 03, 2010, 9:47, (Property Xpress) - Тhe world’s largest retailer, Wal-Mart, is still evaluating the best ways to enter the Russian market. ...   read more

Moscow to Choose New Concept for Russia Hotel in May
May 03, 2010, 9:09, (Property Xpress) - Development concept for the area of the dismantled Russia Hotel in Moscow will be chosen by the end of May, ...   read more

Positronica to Open 12 Stores in Moscow Region
May 03, 2010, 7:11, (Property Xpress) - Russian computers retail chain Positronica has opened a store in the Moscow regional town of Dmitrov, and is ...   read more

Residential District Planned for Omsk
April 30, 2010, 14:38, (Property Xpress) - Omsk regional authorities have agreed to build a residential district on the site of the existing Omsk-Central ...   read more

Bankruptcy Proceedings Started against Shopping Mall Developer
April 30, 2010, 12:47, (Property Xpress) - The trial arbitration court for St. Petersburg and Leningrad region on Wednesday started bankruptcy ...   read more

Metro Bets on Eastern European Expansion
April 30, 2010, 11:38, (Property Xpress) - Germany’s largest retail group Metro said its first quarter net loss narrowed to EUR 16 mln from EUR 98 mln ...   read more

X5 Retail Group to Test Wal-Mart’s Format in Russia
April 30, 2010, 10:09, (Property Xpress) - X5 Retail Group is preparing to launch a new discount store format based on a prototype of the Mexican ...   read more

Russian Retail Chain Mir Declared Bankrupt
April 30, 2010, 8:56, (Property Xpress) - The Moscow arbitration court declared Russian electronics goods retailer Mir bankrupt on April 29. Total ...   read more

140,000 Sq. m Shopping Mall Planned for Surgut
April 30, 2010, 8:13, (Property Xpress) - A shopping center project in the Russian city of Surgut was presented at the Mall 2010 exhibition on April 26. ...   read more

Hochtief Russia Awarded EUR 105 mln Contract
April 29, 2010, 13:27, (Property Xpress) - Hochtief Russia today announced it has been awarded a EUR 105 mln contract to build a new passenger terminal ...   read more

Viva Land Shopping Mall Opens in Samara
April 29, 2010, 11:35, (Property Xpress) - Viva Land shopping and entertainment center has opened in the Russian city of Samara. The mall with a total ...   read more

Azov-City to Repeat Land Lease Rights Auction
April 29, 2010, 10:22, (Property Xpress) - The department of investments and project support of the Krasnodar region announced on Wednesday it will hold ...   read more

Sberbank Acquires Controlling Share in Retail Chain
April 29, 2010, 9:32, (Property Xpress) - Sberbank-Capital, a subsidiary of Russian savings bank Sberbank, has been allowed to assume a controlling ...   read more

Consortium to Sign EUR 716 mln Club Loan
April 29, 2010, 7:39, (Property Xpress) - IFC, a member of the World Bank Group, said it will support the Aerial Gates to the Northern Capital ...   read more

Radisson Royal Opens in Moscow After USD 300 mln Refurbishment
April 29, 2010, 7:01, (Property Xpress) - Russia’s Hotel Ukraina (Ukraine Hotel) has opened under the Radisson Royal Hotel Moscow brand, following a ...   read more

Lenta to Sign USD 300 mln Loan Facility
April 28, 2010, 15:34, (Property Xpress) - Russian grocery retail chain Lenta said it plans to sign a USD 300 mln syndicated loan in May-June to ...   read more

DARS Development Presents Shopping Mall in Ulyanovsk
April 28, 2010, 13:31, (Property Xpress) - DARS Development has presented AquaMall shopping mall in Ulyanovsk. The project with a GLA of 42,000 sq. m and ...   read more

Metro to Develop Retail Center in Magnitogorsk
April 28, 2010, 12:09, (Property Xpress) - Metro Cash & Carry plans to invest EUR 20 mln in building a shopping complex in Magnitogorsk. The center will ...   read more

St. Petersburg Gives Nod to Two Hotel Projects
April 28, 2010, 11:28, (Property Xpress) - St. Petersburg city authorities have approved construction of two hotels in the city, in the places of parking ...   read more

RBI to Raise Funds in IPO
April 28, 2010, 10:18, (Property Xpress) - St. Petersburg-based RBI, developing business class and luxury housing, has begun a road show in a move aimed ...   read more

Renaissance Development Acquires Mixed-use Center for USD 22.5 mln
April 28, 2010, 8:53, (Property Xpress) - Turkish company Renaissance Development has acquired a retail and office center in St. Petersburg in a USD ...   read more

Baltic Monolit Acquires Land on Vasilevsky Island
April 28, 2010, 8:15, (Property Xpress) - Baltic Monolit company has won an auction organized by the Russian Ministry of Defense to purchase a 1.0 ha ...   read more

Update: Voronezh Signs Agreement with Investor on Plant Construction
April 27, 2010, 14:47, (Property Xpress) - Construction work on a RUB 1.5 bln high voltage transformers plant will start in the Russian city of Voronezh ...   read more

Sberbank Provides RUB 450 mln for Shopping Mall Development
April 27, 2010, 14:02, (Property Xpress) - The Savings Bank of the Russian Federation (Sberbank) has provided a seven year loan facility of RUB 450 mln ...   read more

Tornado to Build Entertainment Center in Azov-City
April 27, 2010, 12:58, (Property Xpress) - Tornado firm plans to begin construction of a 9,000 sq. m entertainment center in the Rostov part of Azov-City ...   read more